CT-13: Unrelated Business Income Tax Return (2024)
New York · NY DTF · Used for tax years 2024
Form CT-13 is New York’s Unrelated Business Income Tax Return under Tax Law Article 13. It reports unrelated business taxable income, New York additions and subtractions, income allocation, tax, prepayments, and any balance due or overpayment.
What you'll need
- Federal return: Attach a complete copy of your federal return. Indicate whether you filed Form 990-T or another federal return.
- Net operating loss computations: If claiming a New York net operating loss deduction on line 12, attach the federal and New York State computations.
- Allocation information: If claiming the Schedule A allocation, attach a list of each place of business, its location, the nature of its activities, and the number and duties of employees. Line 27 also calls for a list supporting gross rents.
- Prepayment information: Have the dates and amounts of any extension payment, installment payments, and overpayments credited from prior years.
- Amended return documentation: If filing an amended return, mark the applicable items in the amended return information area and attach documentation.
How to file
Enter the tax period, organization details, and income and tax information. Complete the certification and authorized person's signature area on page 3.
If enclosing a payment, enter the payment amount on line A, make it payable to New York State Corporation Tax, and attach it where indicated. Detach all check stubs.
The form says to see the instructions for where to file. The supplied text does not provide a mailing address or e-filing directions.
Common mistakes
- Do not complete Schedule A if you did not maintain a regular place of business outside New York State. The form says to leave it blank.
- Do not forget to attach a complete copy of your federal return.
- If claiming an overpayment, mark the overpayment box on page 1.
- Detach all check stubs before attaching your payment.
- Do not include general executive officers in the employee compensation reported on Schedule A, line 39.
Questions people ask
What tax rate and minimum tax appear on the form?
Line 15 calculates tax at 9% of allocated taxable income. Line 16 shows a $250 minimum tax. Line 17 uses whichever amount is larger.
Are estimated tax payments required?
No. The form states that taxpayers subject to the unrelated business income tax are not required to make estimated tax payments. If you made these payments, report them on lines 44a, 44b, and 44c.
Can an overpayment be refunded or credited to next year?
Yes. Enter the amount to credit to next year on line 24. Line 25 shows the remaining amount to be refunded.
What counts as a regular place of business for Schedule A?
The form defines it as an office, factory, warehouse, or other space regularly used by the taxpayer in its unrelated business.
What if the unrelated business stopped operating during the tax year?
Mark the box on page 1 indicating that you ceased operating the unrelated business during the tax year covered by the return. The form refers you to the instructions' “Who must file Form CT-13” section for further guidance.